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Overview
AFFORDABLE RETAIL OPPORTUNITY
This property at 63 Smith Street, Fitzroy, presents an affordable retail opportunity available for both sale and lease. Situated on Smith Street, a highly sought-after retail, hospitality, and lifestyle precinct in Melbourne, the location benefits from a vibrant mix of major operators and local businesses, including supermarkets, pharmacies, post offices, and a variety of pubs, bars, and cafes.
The property is a split-level retail shop located just meters from the intersection with Gertrude Street, offering excellent exposure and accessibility. The internal layout includes a kitchenette, a storage room, and a bathroom, providing functional spaces suitable for various retail or commercial uses.
Currently, the property generates an income of $47,840 per annum, exclusive of GST and outgoings, making it an attractive investment. The rear courtyard adds additional utility and potential for outdoor use or storage.
It is zoned Commercial 1, which supports a range of commercial activities, and benefits from excellent public transport access, including tram services along Smith Street and proximity to Collingwood Train Station. There is also potential to obtain a traders' parking permit, subject to council approval.
The total area of the property is approximately 90 square meters, providing a compact yet versatile space for retail or commercial operations. This opportunity is ideal for businesses seeking a presence in one of Melbourne's most dynamic retail precincts with strong foot traffic and community engagement.
For further information or to arrange an inspection, interested parties are encouraged to contact the exclusive agents representing this property.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Fitzroy VIC 3065
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 90 m² |
Market Insights for Fitzroy VIC 3065
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